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2024/08/09 04:51

When will $500 worth of Ripple’s XRP become $1 mil

When will $500 worth of Ripple’s XRP become $1 million?

Current Value and Required Growth
If you purchase $500 worth of the token right now, you will receive about 980.39 coins. For 980.39 tokens to be worth $1 million, each coin has to reach a price of about $1020. Reaching $1020 from current levels would require a rally of about 199,900%.

Predictions from Changelly

According to the data on Changelly, Ripple’s XRP token won’t breach the $1000 mark before 2050. The platform predicts XRP to hit a maximum price of $525.55 in 2050. To have a million dollars worth of XRP at $525.55 per coin, you will need roughly about 1902 tokens. The price of 1902 XRP right now is around $970.41.


a lot more bearish on Ripple’s XRP, predicting the asset to hit a maximum price of $105.27 in 2050. To have a million dollars worth of XRP at $105.27, you will need about 9499.38 coins. The price of 9499.38 XRP right now is about $4,844.68.

Potential for Higher Price Points
There is a possibility that the asset will hit a far higher price point much sooner than 2050, given a positive ruling in the SEC vs. Ripple lawsuit and an increase in the token’s adoption.
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